Top Reasons Why Ethereum Could Achieve a 5-Digit Figure in 2025 Begin Behind the BTC Price Rally.
Cryptocurrency markets have turned bullish ahead of the inauguration of the new US president, whose official currency, “Official Trump,” has set off a huge bullish wave across the market, not only pushing Solana prices to new highs, but also leading the way for Bitcoin prices reach greater heights. Meanwhile, XRP, ADA, LINK, and many other coins have been showing tremendous strength, but Ethereum remains within its predetermined range.
Will Ethereum miss out on the bull run?
It’s clear that Ethereum has been lagging behind Bitcoin during this cycle. The main reason may be the widespread institutional participation compared to retail-driven Bitcoin. Additionally, an influx of liquidity is expected at the upcoming Federal Open Market Committee (FOMC) meeting as interest rate cuts have been reduced over the past few months. This is expected to drive ETH/BTC higher, reviving ETH price gains.
Second, historical chart patterns indicate Ethereum price Typically performs best between January and June, suggesting a rebound is possible. Additionally, Trump’s policies and actions are expected to give Ethereum a major boost, as will his NFT collections and DeFi platforms.
Secondly, Ethereum is the foundation of RWA and DeFi, and institutions such as Blackrock tokenize their assets on the platform. Additionally, these institutions are purchasing more ETH in the form of spot ETFs compared to BTC, indicating growing confidence in the token. Therefore, if BTC is expected to reach highs of $200,000, Ethereum’s lowest price this year will be $10,000.
Where is Ethereum (ETH) price headed?
Despite the slight increase in ETH price, the trend is still in a bearish pattern. The price keeps forming lower highs and lows, suggesting that the bears have enough dominance in the rally. The rebound remains within a descending triangle, which keeps bearish possibilities alive.
As mentioned above, ETH price continues to trade within a descending triangle, approaching the lower resistance zone. Unfortunately, the trend is about to turn bearish as the Gaussian Channel turned bearish and the Chaikin Money Flow (CMF) indicator fell below 0, confirming the bearish assertion. Moreover, sales have outstripped purchases; therefore, the price may correct back below $3,200.
Despite the short-term price action, Ethereum price remains bullish in the longer term, keeping higher targets for 2025 active.
